Enjoy Your Boat While Protecting It

Boat insurance may not be required by every state but having that coverage protects your assets should there ever be an accident.  At the very least, you should carry liability insurance.  It will protect you if ever do damage to someone else’s property or injure someone.  If you are looking to protect your own boat, boating equipment, motors and trailers, then you will need a physical damage policy.  Varying types of coverage includes named perils coverage for accidents occurring from theft, acts of god, mischief and accidents, uninsured boater’s coverage covers you if you end up in an accident with a boater who does not carry insurance, medical payments covers injuries that happen on your boat, and emergency services is for payment if emergency services are required to respond to your boat. There is also additional boat coverage including new boat coverage which covers damages to a new boat, reasonable repairs coverage will pay for repairs that are necessary to protect your property from added damage, and wreck removal coverage covers the cost of attempting to raise or raising your wrecked boat.

Incidents Generally Covered Under the Term “Risk”
*Sinking
*Collision
*Storms
*Theft
*Fire
*Explosion
*Capsizing

Check Out the Claims Service
How any company handles their claims should be one of the fundamental matters you should be concerned about.  Claims service is the worth behind any agency and their policies.  So researching how quickly they pay their claims and the percentage of the submitted claims they pay is a good indicator of how well they value their customers.

One of the Worst Mistakes
One of the most common errors people make is submitting their claims late and/or repairing their damage before letting the insurance adjuster look at it.  When you have a claim, or even think you might have one it is extremely important that you strictly follow all the rules and regulations.  If you are in need of boat insurance in Chesapeake, VA, State Farm can help you with your needs.

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